CBSE Class 12 Business Studies Syllabus 2023-24

CBSE Class 12 Business Studies Syllabus 2023-24 includes Nature and Significance of Management, Principles of Management, Business Environment, Planning, Organising, Staffing, Directing, Financial Management etc for the session 2023 – 2024. Here is the detailed syllabus. To download class 12 Business Studies CBSE’s latest sample question papers for the 2024 exams, please install the myCBSEguide App which is the best mobile app for CBSE students. The myCBSEguide app not only provides you the CBSE class 12 Business Studies model question papers but also provides class 12 Business Studies chapter-wise test papers, class 12 Business Studies best revision notes and other study material for class 12 Business Studies students.

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CBSE Class 12
Business Studies (Code No. 054)
Syllabus (2023-24)

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CBSE Class 12 Business Studies Syllabus 2023-24

Theory: 80 Marks
Time: 3 Hours
Project: 20 Marks

Units		Periods	Marks
Part A	Principles and Functions of Management
1	Nature and Significance of Management	12	16
2	Principles of Management	14
3	Business Environment	12
4	Planning	14	14
5	Organising	15
6	Staffing	16	20
7	Directing	15
8	Controlling	12
	Total	110	50
Part B	Business Finance and Marketing
9	Financial Management	20	15
10	Financial Markets	18
11	Marketing Management	30	15
12	Consumer Protection	12
	Total	80	30
Part C	Project Work (One)	30	20

Part A: Principles and Functions of Management

Unit 1: Nature and Significance of Management

• Management – concept, objectives, and importance
• Management as Science, Art and Profession
• Levels of Management
• Management functions-planning, organizing, staffing, directing and controlling
• Coordination- concept and importance

Unit 2: Principles of Management

• Principles of Management- concept and significance
• Fayol’s principles of management
• Taylor’s Scientific management- principles and techniques

Unit 3: Business Environment

• Business Environment- concept and importance
• Dimensions of Business Environment-Economic, Social, Technological, Political and Legal
• Demonetization – concept and features

Unit 4: Planning

• Planning: Concept, importance and limitation
• Planning process
• Single use and Standing Plans. Objectives, Strategy, Policy, Procedure, method Rule, budget and Programme

Unit 5: Organising

• Organising: Concept and importance
• Organising Process
• Structure of organisation- functional and divisional concept.
  Formal and informal organisation- concept
• Delegation: concept, elements and importance
• Decentralization: concept and importance

Unit 6: Staffing

• Staffing: Concept and importance of staffing
• Staffing as a part of Human Resource Management concept
• Staffing process
• Recruitment process
• Selection – process
• Training and Development – Concept and importance, Methods of training – on the job and off the job – vestibule training, apprenticeship training and internship training

Unit 7: Directing

• Directing: Concept and importance
• Elements of Directing
• Motivation – concept, Maslow’s hierarchy of needs, Financial and non-financial incentives
• Leadership – concept, styles – authoritative, democratic and laissez faire
• Communication – concept, formal and informal communication; barriers to effective communication, how to overcome the barriers?

Unit 8: Controlling

• Controlling – Concept and importance
• Relationship between planning and controlling
• Steps in process of control

Part B: Business Finance and Marketing

CBSE Class 12 Business Studies Syllabus has two parts. This is the second part which has topics related to finance and marking.

Unit 9: Financial Management

• Financial Management: Concept, role and objectives
• Financial decisions: investment, financing and dividend- Meaning and factors affecting
• Financial Planning – concept and importance
• Capital Structure – concept and factors affecting capital structure
• Fixed and Working Capital – Concept and factors affecting their requirements

Unit 10: Financial Markets

• Financial Markets: Concept
• Money Market: Concept
• Capital market and its types (primary and secondary)
• Stock Exchange – Functions and trading procedure
• Securities and Exchange Board of India (SEBI) – objectives and functions

Unit 11: Marketing

• Marketing – Concept, functions and philosophies
• Marketing Mix – Concept and elements
• Product – branding, labelling and packaging – Concept
• Price – Concept, Factors determining price
• Physical Distribution – concept, components and channels of distribution
• Promotion – Concept and elements; Advertising, Personal Selling, Sales Promotion and Public Relations

Unit 12: Consumer Protection

• Consumer Protection: Concept and importance
• The Consumer Protection Act, 2019:
  Source:
  http://egazette.nic.in/WriteReadData/2019/210422.pdf
  Meaning of consumer
  Rights responsibilities of consumers
  Who can file a complaint?
  Redressal machinery
  Remedies available
• Consumer awareness – Role of consumer organizations and Non-Governmental Organizations (NGOs)

Unit 3: Project Work (CBSE Class 12 Business Studies Syllabus)

Syllabus (2023-24)

SN	Typology of Questions	Marks	Percentage
1	Remembering and Understanding: Exhibit memory of previously learned material by recalling facts, terms, basic concepts, and answers. Demonstrate understanding of facts and ideas by organizing, comparing, translating, interpreting, giving descriptions, and stating main ideas	44	55%
2	Applying: Solve problems to new situations by applying acquired knowledge, facts, techniques and rules in a different way	19	23.75%
3	Analysing, Evaluating and Creating: Examine and break information into parts by identifying motives or causes. Make inferences and find evidence to support generalizations. Present and defend opinions by making judgments about information, validity of ideas, or quality of work based on a set of criteria. Compile information together in a different way by combining elements in a new pattern or proposing alternative solutions.	17	21.25%
	Total	80	100%

CBSE Class 12 Business Studies Syllabus 2023-24 ASSESSMENT

Allocation of Marks = 20 Marks
The marks will be allocated under the following heads:

1	Initiative, cooperativeness and participation	2 Mark
2	Creativity in presentation	2 Mark
3	Content, observation and research work	4 Marks
4	Analysis of situations	4 Marks
5	Viva	8 Marks
	Total	20 Marks

CBSE Sample Paper 2023-24

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